Prakash Pipes Reports 59% Drop in Q1 Net Profit Amid Stable Revenue
Prakash Pipes Limited experienced a significant decline in Q1 net profit, falling 59% to ₹103.00 crore from ₹254.00 crore year-over-year, despite maintaining stable revenue at ₹2,034.00 crore. EBITDA decreased to ₹163.00 crore from ₹329.00 crore, with the EBITDA margin contracting to 8.01% from 16.06%. The PVC Pipes & Fittings division saw increased sales volume at 14,115 MT, up from 12,704 MT, while the Flexible Packaging division grew modestly to 3,751 MT from 3,705 MT. The company remains optimistic about future demand, citing favorable monsoon conditions and government infrastructure spending.
30May 25
Prakash Pipes Reports Q4 Results: Net Profit Declines to ₹103 Million, Declares Dividend
Prakash Pipes' Q4 results show a significant 59.45% year-over-year decrease in net profit to ₹103.00 million, despite a 10.91% increase in revenue to ₹1.83 billion. EBITDA fell by 42.05% to ₹175.00 million, with EBITDA margin declining to 9.58% from 18.32%. The company has declared a dividend of ₹2.40 per share.
09Apr 25
Dolly Khanna Boosts Stake in Prakash Pipes to 4.08% in Q4
Renowned investor Dolly Khanna has increased her stake in Prakash Pipes Limited by 0.40 percentage points, bringing her total shareholding to 4.08%. This move during the fourth quarter signals continued confidence in the company's prospects and has attracted attention from market watchers. Prakash Pipes Limited is a manufacturer of PVC pipes and fittings, serving sectors such as agriculture, housing, and infrastructure.